I think that Neil's proposal may have been drawn up using the entire household income, less the household expenditure to give the household surplus income which is being paid into the IVA.
Neil please read your proposals and chairman's report again. I would be very surprised to see if your proposals state that your partner should pay any increase in HER income into the IVA. That should apply to your income only.
If you have shown a joint income and expenditure in your proposals, you will need to show that again in your annual review - to keep things equal. After all, I would imagine that your household expenses will increase each year.
If your partner is earning more money, I would not expect her to have to pay more to the household than she is doing already (having taken into account the increase in the household expenses).
Kind regards, Elizabeth Pywowarczuk, Insolvency Practitioner.
If you would like me to advise you about an IVA and if appropriate propose one for you, please visit my website at www.liberta.uk.com
she at this present moment does pay all her income into my iva, she does not want to pay in any more than that amount.
in my chairmans report it does not mention my partner but says that anyone cohabiting with the debtor should contribute to the household for board and lodging.
it only mentions the debtors income nad p60 does this mean that she does not have to contribute more than she s now.
I'm still a little confused Neil, is your partner just contributing to the household expenses, or is she paying towards your IVA payments?
If it is just the household expenses, then she doesn't have to contribute anymore than she already does. Her income is just taken into account for the housekeeping so that it frees up more of your money for payment. As long as you are managing ok, then she should be able to keep any surplus for herself.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
her monthly salary at the time my iva was taken was £450 per month and all of that was included in the iva proposal she does not want any salary increse include in my review
She already contributes her fair share to your household income. It's time she was able to keep some of her money.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
The only proviso on what the others have said is that if your household expenses go up she should offer to pay the same proportion of the increase to the household as she was paying initially.
For example if at the begining you earned £1,000 and she earned £500 she was paying 1/3 of the household expenses whilst you were paying 2/3rds. If then the household expenses go up by say £30 per month then she should increase her contribution to the household by £10 per month whilst you cover the rest of the costs. That keeps it fair for all concerned.
After all if she was only earning £450 when your IVA started you were probably subsidising her living costs in the first place.
Kind regards, Elizabeth Pywowarczuk, Insolvency Practitioner.
If you would like me to advise you about an IVA and if appropriate propose one for you, please visit my website at www.liberta.uk.com
